3485 DenverMemphis, TN 38127

  • Residential income homes
  • 3,306 SF
Off market
$3,216,090 Estimated

Property Details for 3485 Denver

Year built
1954
Construction
FRAME
Lot size
0.32 AC
Property size (Sq ft)
3,306 SF
Zone code
R-6
Property type
Residential income homes
Property subtype
Serviced apartments
APN
072-009- - -00022
APU
7200900022

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $662,357
    6.5%
    $611,406
    7%
    $567,734
  • Comparable approach

    Method
    Valuation
    Relative Method
    $301,551
    Geo Method
    $301,551
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $993,615
    Retail / Commercial
    $507,069
    Mixed-Use / Specialty
    $503,330
    Hospitality / Lodging
    $366,762
    Office
    $498,327
    Institutional / Educational
    $522,570
    Multifamily
    $743,998
    Automotive / Energy
    $447,917
    Parking / Income-Based Land
    $156,479
    Restaurant / Food Service
    $257,663
    Healthcare / Senior Housing
    $518,136

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.2207
Longitude
-89.9963
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,305
$3,240
$34,600
$37,840
-
$8,100
$86,500
$94,600

FAQs

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